OECD Economic Outlook

1609-7408 (online)
0474-5574 (print)
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The OECD Economic Outlook is the OECD’s twice-yearly analysis of the major economic trends and prospects for the next two years. Prepared by the OECD Economics Department, the Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments.

Coverage is provided for all OECD member countries as well as for selected non-member countries. Each issue includes a general assessment, chapters summarizing developments and providing projections for each individual country, three to five chapters on topics of current interest such as housing, and an extensive statistical annex with a wide variety of variables including general debt.
Also available in French, German
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OECD Economic Outlook, Volume 2002 Issue 1

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14 June 2002
9789264194144 (PDF) ;9789264191617(print)

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Twice a year, the OECD Economic Outlook analyses the major trends that will mark the next two years. The present issue covers the outlook to the end of 2003 and examines the economic policies required to foster high and sustainable growth in Member countries. Developments in selected major non-OECD economies in East Asia (particularly China), Central and Eastern Europe (Russian Federation) and South America (Brazil) are also evaluated in detail.

In addition to the themes featured regularly, this issue contains five analytical chapters addressing the following important issues: the medium-term economic consequences of the 11 September 2001 terrorist attacks in the United States, whether the recent downturn in world activity been unusually mild from a historical perspective, how changes in the internationalisation of production have affected the structure and patterns of trade and growth, how regulations that impair competition and labour market adaptability affect productivity and innovation, and whether a tax on foreign exchange transactions would reduce market volatility.

Also available in French, German
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Table of Contents

I. General assessment of the macroeconomic situation
-Forces acting and prospects for renewed growth
-The role of policies in securing a sustainable recovery
-Risks, tensions and imbalances in the global outlook
-Appendix: The medium-term reference baseline
II. Developments in individual OECD countries
-United States
-United Kingdom
-Czech Republic
-New Zealand
-Slovak Republic
III. Developments in selected non-member economies
-The Russian Federation
IV. Economic consequences of terrorism
-Introduction and summary
-Short-run impact and crisis management
-Medium-term economic consequences
V. Ongoing changes in the business cycle
-Introduction and summary
-Stylised facts about the domestic business cycle and international synchronisation
-Factors shaping changes in the business cycle
-Some policy implications of international transmission
-Concluding remarks
VI. Intra-industry and intra-firm trade and the internationalisation of production
-Introduction and summary
-Intra-industry trade
-Intra-firm trade
-Macroeconomic significance
VII. Productivity and innovation: the impact of product and labour market policies
-Introduction and summary
-Performance and regulatory patterns in the OECD area
-The influence on technological catch up and multifactor productivity
-The influence on incentives to invest in research and development
VIII. Exchange market volatility and securities transaction taxes
-Introduction and summary
-Are exchange markets exessively volatile?
-Would a "Tobin tax" reduce excess volatility?
-What is the balance between the potential benefits and costs?
-Could a "Tobin tax" be implemented?
-What are the potential revenues from such a tax?
Special chapters in recent issues of OECD Economic Outlook
Statistical Annex
-Country classification
-Weighting scheme for aggregate measures
-Irrevocable euro conversion rates
-National accounts reporting systems and base-years
-Annex Tables

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